GSY Invesco Ultra Short Duration ETF Forecast, Technical & Fundamental Analysis
GSY in +0.08% Uptrend, rising for three consecutive days on January 06, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where GSY advanced for three days, in of 324 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GSY just turned positive on December 31, 2024. Looking at past instances where GSY's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 782 cases where GSY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
GSY broke above its upper Bollinger Band on December 26, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category UltrashortBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AFIFX | 83.33 | 0.86 | +1.04% |
| American Funds Fundamental Invs F1 | |||
| VYCBX | 24.42 | 0.21 | +0.87% |
| Voya Corporate Leaders 100 C | |||
| LFSFX | 30.46 | 0.18 | +0.59% |
| Lord Abbett Focused Small Cap Value F | |||
| LIRTX | 7.98 | 0.02 | +0.25% |
| Lord Abbett International Value R5 | |||
| PPSFX | 20.80 | N/A | N/A |
| Principal Large Cap Value III R3 | |||
GSY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, GSY has been closely correlated with VUSB. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if GSY jumps, then VUSB could also see price increases.
| Ticker / NAME | Correlation To GSY | 1D Price Change % | ||
|---|---|---|---|---|
| GSY | 100% | +0.04% | ||
| VUSB - GSY | 83% Closely correlated | N/A | ||
| JPST - GSY | 72% Closely correlated | +0.02% | ||
| MINT - GSY | 67% Closely correlated | +0.05% | ||
| SHV - GSY | 48% Loosely correlated | +0.05% | ||
| SGOV - GSY | 30% Poorly correlated | +0.05% | ||
More | ||||